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Danis Esther

Update on Danis Esther

Danis says, "Many thanks for the efforts of Kiva to provide me with assistance. As a result, I was able to acquire new equipment." She has been very happy since receiving her Kiva loan because she was able to buy a photocopier. Now she has more customers, which translates into revenue.


For this reason, Danis is applying for a new Kiva loan so that she can buy a CPU and upgrade her equipment, thus enabling her to serve her customers better and provide them with faster responses in terms of technology. Her customers are the reason for her to be in business.

View original language description ↓
Danis dice “Mil gracias a la gestión de Kiva por el apoyo recibido, gracias a ellos he podido adquirir nuevos equipos” Ella está muy felús desde que recibió su credikiva, porque compró una fotocopiadora y ahora tiene mas clientes y esto le representa ingresos. Esta es la razón por la cual acude a un nuevo credikiva, con el cual comprará una CPU y actualizará los equipos, para entregar a sus clientes la mejor y mas rápida respuesta en el tema de tecnología, porque ellos, los clientes, son la razón de ser de su negocio.

Previous Loan Details

Danis Esther has a micro-business selling telecommunication services and general merchandise. She lives in the "Limón" neighborhood with her husband and her eight-year-old twins. This is her first loan through the Mario Santo Domingo Foundation. She plans to use it to buy a photocopy machine to… More from Danis Esther's previous loan »

Additional Information

About Fundación Mario Santo Domingo

Fundación Mario Santo Domingo (FMSD) is a non-profit organization in northern Colombia dedicated to developing programs for the country’s poorest communities. In addition to numerous social services, FMSD runs a microfinance program to strengthen micro-businesses in the areas where it works. The organization also offers several non-financial components as part of this program, including training to help entrepreneurs start their own businesses.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Colombia

  • $6,070
    Average annual income
  • 182
    View loans »
    Colombia Loans Fundraising
  • $13,171,600
    Funds lent in using Kiva
  • 1,770.0
    Colombia Pesos (COP) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Danis Esther to buy a CPU and pay for equipment upgrades.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 7, 2012
Listed
May 18, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013
This photo was used before for a previous loan for Danis Esther. It was first posted on Kiva on Apr, 2011. Learn More